Economy

by Bob Adelmann It’s unnerving and yet comforting when a worthy such as Bill Bonner agrees with me. What’s more likely is we’re both singing off the same sheet of music. In Monday’s newsletter Bonner titled his entry “The Recovery That Never Happened,” and I agree. Whatever green shoots (remember …

by Bob Adelmann Whenever someone as smart as David Stockman (President Reagan’s Director of the Office of Management and Budget) writes a 768-page book (The Great Deformation), it makes me nervous, for two reasons: I don’t have the time to read 768 pages, but if I don’t I might miss …

by Bob Adelmann And they’re shutting down coal-fired plants and forcing people to freeze, all in the name of green. It’s amazing. I like Christopher Booker. I like the way he writes, especially when he’s upset over something stupid that politicians and environmentalists have done. I like that he’s written …

by Bob Adelmann Is the stock market real? Not according to consumers. With the stock market steadily marching higher and setting new all-time highs (on a nominal, not inflation-adjusted basis), does this reflect what’s really going on in the economy? Not according to 5,000 households who were quizzed by the Conference …

by Bob Adelmann The wealthy really are different from the rest of us. They have money and they have connections. With those connections they are able to keep their money. The rest of us? Not so much. With the imposition of the Eurogroup’s mandates come the inevitable capital controls. Anyone …

Gold’s Meteoric Rise By Dr. Mark W. Hendrickson (WNS)–The price of gold has gone on a tear this summer, from slightly under $1500 per ounce to well over $1800 per ounce, and it looks like it wants to go higher. What gives? Well, if you bought gold last spring, you’re …